The week of little change
Rurelec 30 %
Churchill Mining 24 %
Metro Baltic 24 %
Oxus 14 %
Churchill Mining 24 %
Metro Baltic 24 %
Oxus 14 %
Interestingly questioned on medium term materials . I shall come up with this response .
Firstly ,what is medium term ? In my eyes anything from 1 year onwards to 3 years.
Thus, short term is under one year and long term is over 3 years .
Now materials are very cheap medium term ,asides gold .Which one assumes will tread water , medium term . Silver still has quite a way to catch up , medium term . Or to put in layman`s terms . Hold gold , buy silver .
Congratulations are in order . A profitable trade completed on gold this week , followed by another that was in profit ,when I went to sleep and woke up to being lost , Mr M is a hard driver . Rule take your profit ( or loss ) , if you are going away from your screen .
When I can afford a bit more leeway , ie a trade more than £50 . Those days are quite a while off yet , perhaps more backing will be available one day .
I have three longs still maintaining upward trajectory , Two on Rurelec and one on Sterling Energy .Both I may be holding for several years it seems .
Happy trading all .
Congratulations are in order . A profitable trade completed on gold this week , followed by another that was in profit ,when I went to sleep and woke up to being lost , Mr M is a hard driver . Rule take your profit ( or loss ) , if you are going away from your screen .
When I can afford a bit more leeway , ie a trade more than £50 . Those days are quite a while off yet , perhaps more backing will be available one day .
I have three longs still maintaining upward trajectory , Two on Rurelec and one on Sterling Energy .Both I may be holding for several years it seems .
Happy trading all .
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